6 recruiting & onboarding trends for long-lasting employee retention

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GREENHOUSE.IO + QUANTUM WORKPLACE

6 Recruiting & Onboarding Trends for Long-Lasting

Employee Retention

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Hi, I’m Caitlin!

Caitlin Doherty

Events Specialist

Greenhouse

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Jacqui MaguireSenior Manager, Talent Acquisition

Greenhouse

Spencer GorackeWorkplace Insights Analyst

Quantum Workplace

Today’s Speakers

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• Average cost to hire an employee is $4,129

• 33% of new hires will look for a different job within their first six

months at your organization

• 1 in 4 employees will leave before they hit the one-year mark

Ineffective Recruiting & Onboarding Is Expensive

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3 Recruiting Trends

The biggest recruitment challenge is talent shortage.

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• Leveraging Creative & Varied Sourcing Strategies

• Address Time To Fill

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Recruiting Trend #1

Optimize Your Recruitment Process

Leveraging Creative & Varied Sourcing

Strategies

1. Word of Mouth/Internal Networks

2. Online Job Boards

3. Career Section on Company Website

4. Social Media

5. Talent Acquisition Consultant/Hiring Partner

6. Outsourced Recruiter

7. Reviews & Rating Sites

8. Executive Search Services

9. Career Fairs

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• Expand upon referrals

• Concept of ‘Talent Brand Ambassador’

• Real Life Example: Greenhouse’s VP of Sales

Word of Mouth/Internal Networks

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Reviews & Rating Sites: Glassdoor Deep-Dive

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• Don’t underestimate the power of Social Media

• Get Creative!

• Check out different groups, networks, & public forums to find like-minded individuals

Social Media

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Time To Fill

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• According to SHRM, the average time to fill a position is 42 days

• The long timeline is the result of slower interview processes

When hiring, differentiate from the competition.

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1. Invest in Your Career Page2. Brevity 3. Attract4. Transparency in Tone5. Advertise6. Be Open-Minded7. Test, Analyze, Adjust8. Clarity is King9. Keep it Digestible10.Set Proper Expectations11.Deliver a Great Candidate

Experience

Attract Top

Talent

Recruiting Trend #2

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Brevity and Transparency In Tone

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• Convey your company’s personality

• Keep your job descriptions & prospecting message short & focused

• Leverage Internal & External Resources

Deliver A Great Candidate Experience

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• Good experience correlates to offer acceptance

• Keep Speed, Communication, & Feedback top priorities

1. Culture Add2. Knowledge & Skills3. Ability to Work with Others4. Integrity5. Previous Experience6. Enthusiasm7. Friendliness8. Independence9. Creativity10.Social Media Presence

The Most Important

Items for Recruiting

& Hiring

Recruiting Trend #3

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Culture Add

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• Define your culture as an organization

• Candidates should align w/ your company’s values & add additional elements to the team

Knowledge & Skills

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• Straight-forward, but easier said than accomplished

• Use structured interviewing to focus on skills over bias

Enthusiasm/Optimism

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• Hiring for Optimism vs. Hiring for Intelligence

• Correlates w/ success in role, especially relevant for Recruiting Team

3 Onboarding Trends

3 Onboarding Trends

Communication is the

Biggest Barrier

to Effective Onboarding.

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#HIRINGHACKSGREENHOUSE | QUANTUM WORKPLACE

40%

of employees surveyed said

manager or executive leadership

communication was the biggest

barrier to effective onboarding.

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Executives

Communicate through action

Set clear expectations

Keep communication lines open

Listen first

Ask for help

Be transparent with goals

Managers

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Wait, what about HR?

Timing is Everything.

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Who’s a New Hire?

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• Manage their first impressions

• Set expectations for what is to come

• Establish foundation for building relationships

• Introduce culture, mission, vision, values

• Provide materials and equipment they need for success

• Address all questions around pay, benefits, perks, and policies

1-7 Days In: Orientation

2-4 Weeks In: Clarification

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• Promote role clarity and build confidence

• Allocate training and resources to meet new-hire where they currently are

• Establish feedback loops

• Receive timely, relevant feedback on their job contributions

• Open up dialog for extraneous concerns beyond job role and responsibilities

2-3 Months In: Adjustment

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• Expand scope of feedback

• Continue building relationships

• Clarify performance expectations

• Assess job, role, and team fit

• Build autonomy as it relates to solving internal barriers

4-6 Months In: Calibration

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• Settle into the team setting

• Create clarity around other team members’ goals and accountabilities

• Build dependency between team members

• Assess fit of individual strengths with assigned responsibilities

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• You may have checked the boxes, but few new-hires reach peak performance after only 6 months

• Efficiencies and Proficiencies

• Get feedback!!!

6+ Months: Continuous improvement

Crisis of Ownership.

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Who’s Responsible?

Scaling Accountability

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Executives

Managers

HR

New-Hire

Get startedBy being accountable to your

new-hires.

Scaling Accountability

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Executives

Managers

HR

New-Hire

Continuously ImproveBy creating a system that

holds all levels equally

accountable.

Questions

Thank you.

Appendix

Culture is Key.

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• 3 Applicable, Recruiting Trends

• 3 Applicable, Onboarding Trends

You’ll Learn

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